Gold Price Forecast: JP Morgan Private Bank predicts gold will exceed $5,200 per ounce by the end of 2026, driven by a fundamental shift in international reserves and increasing demand from central banks.
De-Dollarization Trend: Many countries, particularly in Asia and Eastern Europe, are diversifying away from the U.S. dollar to mitigate financial risks, contributing to a sustained demand for gold.
Central Bank Demand: The World Gold Council reports that central banks added approximately 634 tons of gold to their reserves in the past year, with expectations of continued strong demand, particularly from China, Poland, and Turkey.
Supply Risks: Despite efforts to increase gold production, structural weaknesses in mining operations pose risks, as seen in recent incidents that could disrupt supply and potentially drive prices higher.
Wall Street analysts forecast GLDM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLDM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast GLDM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLDM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 95.540
Low
Averages
High
Current: 95.540
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
